Brief: Note Forecasts Growth Of At Least 60% For Q4 2021

Note AB (publ)

13/12/2021 07:38

Dec 13 (Reuters) - Note AB (publ)  NOTE.ST :
    * NOTE FORECASTS GROWTH OF AT LEAST 60% AND RECORD STRONG
RESULTS
FOR Q4 2021
    * IN ADDITION, OPERATING MARGIN IS EXPECTED TO EXCEED RECORD
MARGIN IN Q3 OF 9.4% 
    * BOTH SALES AND EARNINGS ARE EXPECTED TO EXCEED MARKET'S
EXPECTATIONS. 
    * COMPANY'S SALES IN Q4 OF 2021 ARE EXPECTED TO AMOUNT TO AT
LEAST
SEK 745 MLN, WHICH CORRESPONDS TO A GROWTH OF AT LEAST 60%
    * DEMAND FOR NOTE'S SERVICES REMAINS AT RECORD LEVELS IN ALL
DOMESTIC MARKETS, ESPECIALLY IN SWEDEN, UK AND CHINA.
    * STRONG SALES DEVELOPMENT, ESPECIALLY IN INDUSTRIAL AND
GREENTECH
CUSTOMER SEGMENTS, IS EXPECTED TO RESULT IN THAT BOTH OPERATING
PROFIT AND OPERATING MARGIN FROM ORDINARY TRADING IN Q4 WILL
REACH HIGHEST LEVEL SO FAR FOR A SINGLE QUARTER.

Source text for Eikon:  ID:nWkr48MDwB 
Further company coverage:  NOTE.ST 

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